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Thursday, May 2, 2024

Calls for over-the-top video industry to be self-regulating

The economic impact of employment in the OTT video industry is valued at 27 billion baht, or 0.17% of Thailand’s total GDP.

Over-the-top (OTT) businesses should be self-regulating to ensure operational flexibility and enhance the business environment, which would be a boon for the labour market and the economy, according to a seminar held by Asia Internet Coalition, an industry association that gathers leading Asia-Pacific internet companies.

“OTT business is making a greater impact on employment, revenue and the economy while providing more choices for consumers,” said Suthikorn Kingkaew, project leader of Thammasat University Research and Consultancy Institute, at the seminar on innovative policy approaches to Thailand’s…

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